Absolute Core Strategy Etf Price History
ABEQ Etf | USD 33.20 0.13 0.39% |
Below is the normalized historical share price chart for Absolute Core Strategy extending back to January 22, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Absolute Core stands at 33.20, as last reported on the 28th of November, with the highest price reaching 33.35 and the lowest price hitting 33.19 during the day.
If you're considering investing in Absolute Etf, it is important to understand the factors that can impact its price. Currently, Absolute Core Strategy is very steady. Absolute Core Strategy secures Sharpe Ratio (or Efficiency) of 0.0444, which signifies that the etf had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Absolute Core Strategy, which you can use to evaluate the volatility of the entity. Please confirm Absolute Core's Downside Deviation of 0.5787, risk adjusted performance of 0.0469, and Mean Deviation of 0.3941 to double-check if the risk estimate we provide is consistent with the expected return of 0.0237%.
Absolute Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.47 | 200 Day MA 31.0299 | 1 y Volatility 9.18 | 50 Day MA 32.6924 | Inception Date 2020-01-21 |
Absolute |
Sharpe Ratio = 0.0444
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ABEQ |
Estimated Market Risk
0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Absolute Core is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Absolute Core by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 96.1 K |
Absolute Core Etf Price History Chart
There are several ways to analyze Absolute Core Strategy Etf price data. The simplest method is using a basic Absolute candlestick price chart, which shows Absolute Core price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 18, 2024 | 33.28 |
Lowest Price | September 19, 2024 | 32.03 |
Absolute Core November 28, 2024 Etf Price Synopsis
Various analyses of Absolute Core's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Absolute Etf. It can be used to describe the percentage change in the price of Absolute Core from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Absolute Etf.Absolute Core Price Daily Balance Of Power | 0.81 | |
Absolute Core Price Rate Of Daily Change | 1.00 |
Absolute Core November 28, 2024 Etf Price Analysis
Absolute Etf Price History Data
The price series of Absolute Core for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 1.25 with a coefficient of variation of 0.83. The prices are distributed with arithmetic mean of 32.64. The median price for the last 90 days is 32.6.Open | High | Low | Close | Volume | ||
11/28/2024 | 33.35 | 33.35 | 33.19 | 33.20 | ||
11/27/2024 | 33.35 | 33.35 | 33.19 | 33.20 | 1,400 | |
11/26/2024 | 32.97 | 33.10 | 32.97 | 33.07 | 9,123 | |
11/25/2024 | 33.12 | 33.12 | 32.97 | 33.00 | 5,100 | |
11/22/2024 | 33.06 | 33.07 | 32.99 | 33.07 | 3,704 | |
11/21/2024 | 32.81 | 32.88 | 32.81 | 32.85 | 2,064 | |
11/20/2024 | 32.56 | 32.65 | 32.50 | 32.65 | 2,281 | |
11/19/2024 | 32.53 | 32.60 | 32.52 | 32.59 | 2,521 | |
11/18/2024 | 32.48 | 32.57 | 32.47 | 32.57 | 3,645 | |
11/15/2024 | 32.42 | 32.42 | 32.28 | 32.32 | 2,500 | |
11/14/2024 | 32.44 | 32.52 | 32.39 | 32.42 | 3,053 | |
11/13/2024 | 32.38 | 32.50 | 32.36 | 32.46 | 3,883 | |
11/12/2024 | 32.57 | 32.57 | 32.35 | 32.40 | 6,483 | |
11/11/2024 | 32.74 | 32.76 | 32.59 | 32.59 | 3,286 | |
11/08/2024 | 32.71 | 32.77 | 32.71 | 32.75 | 2,780 | |
11/07/2024 | 32.63 | 32.75 | 32.63 | 32.74 | 2,781 | |
11/06/2024 | 32.67 | 32.79 | 32.67 | 32.79 | 3,215 | |
11/05/2024 | 32.50 | 32.61 | 32.50 | 32.57 | 10,509 | |
11/04/2024 | 32.49 | 32.49 | 32.30 | 32.39 | 3,698 | |
11/01/2024 | 32.66 | 32.72 | 32.58 | 32.58 | 1,519 | |
10/31/2024 | 32.73 | 32.73 | 32.59 | 32.59 | 6,200 | |
10/30/2024 | 32.83 | 32.84 | 32.81 | 32.81 | 2,450 | |
10/29/2024 | 32.75 | 32.89 | 32.75 | 32.83 | 3,500 | |
10/28/2024 | 32.85 | 32.93 | 32.83 | 32.93 | 1,797 | |
10/25/2024 | 33.06 | 33.06 | 32.78 | 32.78 | 4,600 | |
10/24/2024 | 33.20 | 33.20 | 32.93 | 33.02 | 8,949 | |
10/23/2024 | 32.92 | 33.07 | 32.92 | 33.07 | 14,063 | |
10/22/2024 | 32.95 | 33.08 | 32.95 | 33.05 | 4,739 | |
10/21/2024 | 33.17 | 33.17 | 33.06 | 33.07 | 2,754 | |
10/18/2024 | 33.05 | 33.29 | 33.05 | 33.28 | 2,000 | |
10/17/2024 | 33.07 | 33.09 | 33.00 | 33.04 | 42,824 | |
10/16/2024 | 32.94 | 33.03 | 32.94 | 32.95 | 5,985 | |
10/15/2024 | 32.89 | 32.89 | 32.79 | 32.79 | 2,044 | |
10/14/2024 | 32.59 | 32.75 | 32.59 | 32.75 | 2,400 | |
10/11/2024 | 32.65 | 32.65 | 32.59 | 32.59 | 1,353 | |
10/10/2024 | 32.46 | 32.46 | 32.36 | 32.42 | 8,857 | |
10/09/2024 | 32.24 | 32.38 | 32.24 | 32.38 | 2,488 | |
10/08/2024 | 32.21 | 32.26 | 32.19 | 32.26 | 1,548 | |
10/07/2024 | 32.33 | 32.33 | 32.15 | 32.17 | 1,800 | |
10/04/2024 | 32.40 | 32.53 | 32.40 | 32.53 | 10,133 | |
10/03/2024 | 32.46 | 32.46 | 32.41 | 32.41 | 3,541 | |
10/02/2024 | 32.78 | 32.81 | 32.62 | 32.70 | 3,958 | |
10/01/2024 | 32.68 | 32.81 | 32.68 | 32.78 | 4,724 | |
09/30/2024 | 32.62 | 32.76 | 32.62 | 32.76 | 20,600 | |
09/27/2024 | 32.65 | 32.82 | 32.65 | 32.78 | 748.00 | |
09/26/2024 | 32.61 | 32.75 | 32.61 | 32.75 | 9,094 | |
09/25/2024 | 32.73 | 32.73 | 32.67 | 32.67 | 16,923 | |
09/24/2024 | 32.84 | 32.84 | 32.74 | 32.76 | 2,118 | |
09/23/2024 | 32.52 | 32.71 | 32.52 | 32.69 | 7,817 | |
09/20/2024 | 32.65 | 32.65 | 32.54 | 32.60 | 5,508 | |
09/19/2024 | 32.63 | 32.67 | 32.03 | 32.03 | 14,884 | |
09/18/2024 | 32.60 | 32.73 | 32.46 | 32.58 | 3,325 | |
09/17/2024 | 32.77 | 32.77 | 32.58 | 32.60 | 5,623 | |
09/16/2024 | 32.61 | 32.67 | 32.53 | 32.67 | 3,849 | |
09/13/2024 | 32.52 | 32.53 | 32.41 | 32.46 | 10,178 | |
09/12/2024 | 32.18 | 32.32 | 32.18 | 32.32 | 800.00 | |
09/11/2024 | 31.97 | 32.18 | 31.97 | 32.18 | 7,542 | |
09/10/2024 | 32.34 | 32.34 | 32.20 | 32.34 | 5,769 | |
09/09/2024 | 32.41 | 32.47 | 32.34 | 32.35 | 3,000 | |
09/06/2024 | 32.35 | 32.35 | 32.13 | 32.15 | 819.00 | |
09/05/2024 | 32.56 | 32.56 | 32.35 | 32.35 | 5,596 |
About Absolute Core Etf history
Absolute Core investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Absolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Absolute Core Strategy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Absolute Core stock prices may prove useful in developing a viable investing in Absolute Core
The funds investment sub-adviser , seeks to achieve its objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadvisers estimate of fair value. Absolute Core is traded on NYSEARCA Exchange in the United States.
Absolute Core Etf Technical Analysis
Absolute Core technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
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Absolute Core Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Absolute Core's price direction in advance. Along with the technical and fundamental analysis of Absolute Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Absolute to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0469 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.16) | |||
Treynor Ratio | 0.0796 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absolute Core Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Absolute Core Strategy is measured differently than its book value, which is the value of Absolute that is recorded on the company's balance sheet. Investors also form their own opinion of Absolute Core's value that differs from its market value or its book value, called intrinsic value, which is Absolute Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Absolute Core's market value can be influenced by many factors that don't directly affect Absolute Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Absolute Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absolute Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absolute Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.